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Intangible Assets and Goodwill (Tables)
12 Months Ended
Dec. 31, 2019
Intangible Assets and Goodwill  
Schedule reflecting the composition of intangible assets and goodwill

The following table presents the composition of our intangible assets and goodwill (in thousands):

Estimated

As of December 31, 2019

As of December 31, 2018

Useful

Gross

Gross

Life

Carrying

Accumulated

Net

Carrying

Accumulated

Net

    

(in years)

    

Amount

    

Amortization

    

Amount

    

Amount

    

Amortization

    

Amount

Developed technology

11.4

$

252,200

  

(2,301)

  

249,899

  

  

  

Customer relationships

5.0

14,100

(294)

13,806

GMP royalty buyout

5.0

17,500

(17,500)

17,500

(17,500)

Non-compete agreements

1-2

321

(321)

321

(321)

Intangible assets subject to amortization

284,121

(20,416)

263,705

17,821

(17,821)

In-process research and development

Indefinite

$

118,900

118,900

Goodwill

Indefinite

$

66,134

66,134

Total

$

469,155

$

(20,416)

$

448,739

$

17,821

$

(17,821)

$

Schedule of expected amortization of finite-lived intangible assets

As of December 31, 2019, expected amortization expense for unamortized finite-lived intangible assets for the next five years and thereafter is as follows (in thousands):

    

Amortization Expense

2020

$

24,912

2021

24,912

2022

24,912

2023

24,912

2024

24,619

Thereafter

139,438

Total amortization

$

263,705